Industrial Bank (601166) H1 2025 earnings summary

Executive summary

• Total assets reached RMB 10.61 trillion as of June 30, 2025, up 1.01% from year-end 2024.

• Net profit attributable to shareholders was RMB 43.14 billion, up 0.21% year-over-year for H1 2025.

• Operating income was RMB 110.46 billion, down 2.29% year-over-year; operating profit grew 3.35%.

• The bank maintained stable asset quality and robust capital adequacy.

Financial highlights

• Net interest income was RMB 73.76 billion, down 1.52% year-over-year; net fee and commission income rose 2.59%.

• Non-interest income was RMB 36.70 billion, down 3.80% year-over-year.

• Cost-to-income ratio increased to 25.89% from 25.41% a year ago.

• Basic EPS was RMB 1.91, down 1.55% year-over-year.

• Net cash outflow from operating activities was RMB 77.95 billion, a significant improvement from the prior year.

Outlook and guidance

• The bank will continue to focus on high-quality development, digital transformation, and risk management.

• Strategic priorities include expanding green finance, technology finance, and inclusive finance.

• Capital management and efficiency remain key, with ongoing optimization of risk-weighted assets.